Approve annual budget to pay former redevelopment agency debts
In Plain English
The city operates a successor agency that pays off debts left behind when California dissolved all redevelopment agencies in 2012. This budget covers $23.2 million in debt payments for fiscal year 2026-27. If approved, property tax money that once funded redevelopment projects continues paying these obligations before any leftover funds go to schools and other local agencies.
Auto-generated summary. Source: official agenda documents.
Votes
To approve Item O.1
6 to 0
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